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To: AllansAlias who wrote (65271)	2/4/2003 11:19:06 AM
From: yard_man	Read Replies (1) \| Respond to of 209892

it's soo friggin' blatant ... the only way they can tell a good story given what we've seen from telecom is lie about what they expect. That business is not gonna be a growth biz for a long time ... But for the mean-time ... shorts be nimble, shorts be quick, Chambers has a big candlestick??

To: AllansAlias who wrote (65271)	2/4/2003 11:29:24 AM
From: Shack	Read Replies (3) \| Respond to of 209892

Took profits on all my INTU pootskies and have rotated into some more AMGN March 50's. That wedge is getting long in the tooth and we have what looks like a breakaway gap this morning. The large BTK triangle breakdown is finally getting going today.

To: AllansAlias who wrote (65271)	2/4/2003 11:45:13 AM
From: The Freep	Read Replies (3) \| Respond to of 209892

Allan, I agree CSCO is being pre-spun as bad, but we also haven't been seeing a lot of "buy the good news" on earnings unless the news has been REALLY good. I am hard pressed to think of what CSCO could do to launch a sharp rally here. Announce a split and dividend perhaps? Still, I could see them NOT causing damage here due to the negative assumptions, and that might be enough. But tomorrow is also Colin Powell at the UN. Again, I have no idea what the "spin" on this is. If he proves the US case and the UN swings towards war... well, it's certainly great that it wouldn't be the US taking matters into our own hands, but it's still war. It's really hard to gauge how that presentation will play, let alone its market impact (which is, to me, only secondarily important). I gotta say that at the moment, I think the path of least resistance is down. Since we're getting that "mild" day I predicted yesterday, I'll make no prediction about tomorrow here. But nimbleness does seem called for...for longs and shorts, seems to me. the freep